I am passionate about building affordable quality homes to get young first time buyers out of the rent trap and into home ownership.
City of London Housing Delivery
I am the immediate past Chairman of the City of London’s Housing Delivery Working Group which supports the City’s housing target of delivering 3,700 new homes inside and outside of the City of London by 2025.
Building low cost quality homes for first time buyers
I am Chief Executive of MJ Gleeson plc. Gleeson is the largest listed builder of low cost homes for first time buyers.
I was previously Chief Executive and latterly non-executive director of Keepmoat Homes the largest private builder of homes for affordable homes for first time buyers and for affordable rent.
Our mission is simple: we build affordable, quality homes, where they are needed, for the people that need them the most.
Gleeson builds some 2,000 homes a year for those on low and average income. Gleeson builds 2, 3 and 4 bedroom homes across the Midlands and North of England. 2 bed homes start from just £95,000 and the average sales prices is £160,000. A couple on the National Living Wage is able to purchase a home on any of Gleeson’s sites.
Two thirds of Gleeson’s customers are key-workers and three quarters are under the age of 35. 3 out of 4 of our customers are first time buyers. Our customers average income is £28,000.
A typical 3 bed home costs from just £85 per week with a mortgage and Help-to-Buy compared to £150 per week for renting a similar home. Home ownership provides security and financial benefits to home owners.
A video of the Gleeson Vision, Mission and Values can be found here. Building Homes. Changing Lives.
Our story, tells the story of Gleeson, and can be found by clicking here.
I was previously Chief Executive and latterly a non-executive director of Keepmoat Homes the largest private builder of affordable homes for sale and for affordable rent.
I joined Keepmoat in 2012 as Chief Financial Officer becoming Chief Executive of Keepmoat Homes in 2017 following the sale of Keepmoat Regeneration to Engie for £330m. In February 2019, following a successful refinance and a fourfold growth in the business, I stepped down to become a non-executive director of Keepmoat, a role which I continued until my appointment as Chief Executive of MJ Gleeson plc.
Prior to sale of Keepmoat Regeneration in April 2017 Keepmoat had some 3,300 employees, turnover of c.£1.1bn and EBITDA of c.£67m. Click the following link to see a video clip of what Keepmoat does.
For further details on Keepmoat, please click on this link.